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fach ~ s~allment (irst sha)1 bp ap ed in payment of ~he interest and then the unpaid ba~~nce of the princ;pal sum. If autt if msae ~n ~ne ~
uayment o any imtallment when due, such deFauM can~nues 30 d~ys, 1h t the opti~ of ths hoide~, sod without any ot6e? ice, s0 the remainin~
~ns~allme ~heil be due and payab a~ once. Privilege is gtv~n to prepay s rate in whole or in part at ~ny t~me without p~nal . NeitF?a? forebearante,
nor atc uncs by the holder ther f aft~~ any default in sny paymer~f reon, shall bs deemed eatensiw?. A late payment e of s ~MII bs
added o esch inst~flmenl rema~ n9 unpa~d 7 day~ after its due da , and • like ~vm ~hall be sdded to each such ins~aklment em~iniap unpaid 7 days after
each ucceeding paymenl dat
Each maker, suret d e~dorser {~ereof, oint! and verall , wafves demand, ~
y 1 y v presenrment pro~est and notite of roteu fw nonpaymant, and fwt
a ees to any extensan time of payme~t, either befor aFter msturity, withoul notice to any of us; and to ~tl to~b of eo{lectioe~, iecludi • ' #
easonable attorney's ! in the event of any de[au rcunde~, and hereby severalty walves ell benefit of hamest and exempt°on unQer the tons ' ion f
' and Iswa of each St of ~he United S~aees, a~ ~ns1 rhis oblgation or ~ny extenaion or rzaewa! hereof. ,
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W~tness 1 nd and seal of each parey.
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nots)
NO~V, THEREFqRE, +he MORTGAGpR (w ~he purpose of securing payment of said sum of S 22 ~ 8~ aerd tM performanc~ of fl»
covtnants and apretmeny her~:nafter expres~ed, and for divers good and valuab~~ tonsiderations, by thes~ presents, dws yrant, baryain, sell, ~em:ss,
selease, convey and tonfirm unto the MpRTGAGEE, i~s sutcessors and assigns, e11 that tertain bt, piep q puu) of land, situate, lyiny, u~d bein~ in tM
~O~?^~Y ~ - St. j't1Ci@ +nd $tate.of Fbrida, deuribed ~t (ollows:
Lot 28, Block 123, LAKBWOOD PARK Unit 10, according to the plat
thereof, a?s recorded in Plat Book il, pages 29-A through 29_D
ot the Pt~1ic Records ot St, Lucie County, Florida
gy agreeaent ot Mortg~?gor and Mortgagee on file with Mortgagee,
the Nithin sortgage aecures not-only an existing indebtedness~
but also ADVANCBS to be HBRBAR?BR ,ade by Mortgagee to Mortgacj~r,
the aggregate of which will equal the principal aoount specified
in the proaissary note secured hereby.
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~ ~ SI~ATE FL~~i~~. ~ !00
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_ ooc~n+«ntYa~y~~:-.~ sta~;~_~~. ~
UEPI. OF REYEf~IUE;c:- IN MYMENT OF TAXE3
~c °f = t=, ~ REI~IV~ .C. INTANGISlE PER:,UNAL PROPER(Y.
-~cr ~ -C ~u'7b 3,~. Z O 1 p~~T TO CFlAPTER 71-134. INC1S OF 1911.
~ = r ~ t o2 ~1~ + ` ~ . ROGER PORRl1S ~ ~ ~
. t~ERK GIiq11T GOURT. Si. LUCIE CQ, FU~
topether w;th ill ~nd sinpular the tenements, hercditamenti ~nd sppurtancq thereunto b~lorginp w in a~?ywiN appert~irunp thereto. ~nd all r~n». iuws,
proceeds u~d profifs accruirg and to xvue from ssid premises, all of wh;ch ue i~cluded in tl» abov~ and foreparp deaription ~nd Mba~xlwn.
TO HAVE AND TO HOID the above dew~bed and yranted premius unto tM said MORTGAGEE, ib waeiwrs and ~ssipns forwrr. Ard tIw ~ald
NtORTGAGQR for the ir ~;n, executon, sdministrators and •ssign~, hercby cov~na~ts with tM aid MORTGAGfE, its succ~stwa u~d q~ip~r,
they are
rh~t - tawi~tly se~zed of the sa7d prem~ses in ft~ aimpls; that the sam~ ar~ f~r~, ckir u~d dischuped fran all Utro and ~neunf
br~nces in taw or in aqii~ry, and that th@y will ~nd thQir heirs shall wur~nt .rod d.fend ~h. ~in. w TM sam. ro M~. saW
MORTGAGEE, in svccessws and au~qns, fwever against the lawfut cla~ms ~~d demands of all perwrq;
PROVIDED, ALWAYS that if the MORTGAGOR sMll pay unto tMs MORTGAGEE 1M promiswry not~ hertu~befw~ dewibed and sMll irvlp, promptlp
and fuHy periwm, dixMry~, execute, compkte, comply wirh and ab~dc by exh and wery t!rc stipulations, ayr~em~nts, co~ditiom ~nd covsrnnq pf sa7d
p~omiisory note ~nd of this Mwtg~qe, then this Mwtgage and the Esrate hereby ueafed ah~ll pase ~nd be null ~nd void,
IT IS UNDERSTOOD thaf the wwd ••Mwrya9w•• whether in tF~e sirgulsr o~ p~wal ~nywhere in this Mortyape, sFull be sinpula if orw only /IAd
sF~ll be plvn( jointly and sever~lly if more tMn one. ~nd that tlie wwd "their" as used anywhere in thi~ Mortp~ ahall b~ taken to eewan '7~is:• "Mn,••
or 'jts;' whereve~ the contex~ w implies or admits. Also, thst wherever there is a nfe?e~cs in tFw coven~nn and ap~~smen» I~~i~ oom~irMd /o aehr d
op ~M pa.ties he~eto, the same shall be corutrued to mean es well as the hein, kysl re~xesent~tives, succcsso~s and auipns (eithe~r wtuntary b~r ~cf of th~
partie~ a invdv~tasy by operalion of the law) of the a~me and thst the covenanri herei~ contained shall bind and tM berMfita and advaMa~s iiwn
to the respectiw hein, 1e9a1 represcnt~tives, successon s~d ass~qns of the part~es Iw~eto.
~~j And said Matyspo~s. fw themsetves and their heiri, leyal representatives, sucteuors and aui~ynf, hereby jointly ~nd tev~tatly oov~nsM ud apr~e
:s~i ro and with th~ s~id JNORTGAGff, ifs successors and assigm:
,
1. To pay a!1 and sinpvlar ihe pinclp+l snd inferest s~d the various +nd tundry sums of moneY p~Y~bl~ by virtw of s~id promiswry not~, a~d fhis
matyaye, exh snd w~ry, promptly on tM diys re~pecfively ~he sune uw~rally becane dw. •
~ 2. To pay atl ~nd sin~ulx rhe ~axe~, asu?unents, levies, liabilities, obliyatian ~nd encumbrances of ~vtry MtYf~ a~ I[ifld flpW p1 aaid davib~d
rn ~property, w that heresfrK may bs impo~ed, suflered, pl~ced, levied, or ~ucssed tMereon, w 1h~t hereaftN may b~ I~vied a assess~d upon thb Mprt~.
a tM indsbtedness setwed hereby exh ~nd ev~rY, when due and p~yable. xcwdiny ro law, befor~ they b~cweK ddinqwnt, ~nd b~fon any GHUqt
KF~Qf M i~fY plMlfy is irxurred; AND INSOfAR AS ANY THEREOf tS Of RKORD THE SAME SHAIt af PROMPTlY SATISFIFD AND DISCHA1tGEp pF
~ RKORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECFIPT`OR THE SATtSfAC110N PAPER Ofi1CIAllY ENDORSED
OR ~ERTIfIED) SHAII sE PlACEO IN iHE HANOS Of SAIp MpRTGAGEE WITHIN TEN DAYS NfXT /IfTER PAYMENT; ~nd in th~ evtnt that u~y thsr~of is ea1
pa1d, at~sfied and d7schuged sa:d MORTGAGEE may a~ any ~,me paY fhe sarne pr any part thereof vri~Fwut w~ivirg w~ffectinp ~~ryr aption, lien, equity or
•ipht under a by virt~e o} this mortgage and the (ul{ amoum of eath and every such p~yment ihall be immcdiately due and pay~blt ~nd shall bear inttrqt
~rom the d~te thereoi until pa~d ~t rate of nine per centum per •~num and to9ether w~th suth interesr shall be tecured by the lien o! th:t mw9taQ~.